Business news
- Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket - The memory giant projected an operating profit of 20 trillion won for the final quarter of 2025, a significant improvement from a year earlier.
- Microsoft revealed as company behind controversial data center proposal in Michigan township - Locals have concerns about water use in a township that has dealt with shortages.
- Ford enters race to offer eyes-off driving tech, starting with $30,000 EV in 2028 - The target brings Ford into a race against competitors such as Tesla, General Motors and Rivian Automotive to develop and broadly launch such systems.
- Asia-Pacific markets open mixed as Trump rattles defense firms and oil prices slide - Overnight, the S&P 500 and the Down Jones Industrial Average snapped a three-day winning streak.
- ICE agents fatally shoot woman in Minneapolis, DHS says - A video shows ICE agents approaching a woman in a car on a Minneapolis street and telling her to exit the vehicle. She was shot as she pulls away.
- Trump says U.S. to ban large investors from buying homes - "I am immediately taking steps to ban large institutional investors from buying more single-family homes," Trump said.
- Rubio says he will meet with Denmark about Greenland next week - Greenland is a self-governing territory of Denmark, a NATO ally of the United States. That has not stopped President Trump from saying he wants the island.
- Oil sales from Venezuela to continue indefinitely and U.S. sanctions will be reduced, sources say - EnergyOil sales from Venezuela to continue indefinitely and U.S. sanctions will be reduced, sources sayPublished Wed, Jan 7 20268:30 AM ESTUpdated Moments AgoSp
- Private payrolls rose 41,000 in December, slightly below expectations, ADP says - Private sector job creation turned positive in December though at a bit softer pace than expected.
- WBD once again rejects Paramount offer in favor of Netflix deal - Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.